Upfront advance—
Service fee—
Discount charge—
Total fees—
Indicative annualised cost—
Balance to you on payment—
Discount charge is simple interest on the advance for the days outstanding. Real facilities may include minimum fees and other charges.
Not financial adviceRaiseDebt is general, educational information only. It is not regulated financial advice, a recommendation or an offer of credit. Calculator results are illustrative estimates, not quotes. Speak to a qualified, FCA-authorised adviser or broker, and your accountant, before making borrowing decisions.
Factoring vs invoice discounting
Factoring: the provider manages your sales ledger and collects from customers. Invoice discounting: you keep control of collections, usually confidentially.
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Who it suits
B2B businesses with creditworthy customers and payment terms of weeks or months.